Innovation and Information Acquisition under Time Inconsistency and Uncertainty
نویسندگان
چکیده
منابع مشابه
Information acquisition and choice under uncertainty *
This paper presents a model where individuals have imperfect information and there is an opportunity cost of learning. It shows that the endogenous decision to collect costly information before taking an action has a systematic effect on choices. More precisely, consider two alternatives with ex ante identical expected payoff but different variances. The model predicts that, after the learning ...
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In this paper, we develop two models for the valuation of information technology (IT) investment projects using the real options approach. The IT investment projects discussed in this paper are categorized into development and acquisition projects, depending upon the time it takes to start benefiting from the IT asset once the decision to invest has been taken. The models account for uncertaint...
متن کاملTable of Contents Collective Reasoning under Uncertainty and Inconsistency............. 1
S OF INFORMAL PRESENTATIONS 1
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ژورنال
عنوان ژورنال: The Geneva Risk and Insurance Review
سال: 2010
ISSN: 1554-964X,1554-9658
DOI: 10.1057/grir.2010.9